SYNAPSE AGENCY: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SYNAPSE AGENCY
Largest movements
- Receivables within one year +€84,647
up €84,647 (+38.0%), from €222,533 to €307,180
of which Trade receivables: +€74,575
- Cash +€24,280
up €24,280 (+39.5%), from €61,546 to €85,826
mainly Net result for the year (+€113,623) and Tax, wage and social debts (+€44,075)
- Tangible fixed assets +€8,242
up €8,242 (+70.0%), from €11,781 to €20,023
- Intangible fixed assets -€4,659
down €4,659 (-14.5%), from €32,035 to €27,376
- Profit (loss) carried forward +€63,623
up €63,623 (+205%), from €31,026 to €94,649
- Tax, wage and social debts +€44,075
up €44,075 (+31.7%), from €138,989 to €183,064
of which Taxes: +€29,904
- Other debts +€10,000
up €10,000 (+25.0%), from €40,000 to €50,000
- Trade debts -€6,754
down €6,754 (-12.5%), from €54,243 to €47,488
- Debts after one year -€6,345
down €6,345 (-44.8%), from €14,157 to €7,813
- Gross operating margin +€188,890
up €188,890 (+26.3%), from €719,151 to €908,041
- Staff costs +€81,834
up €81,834 (+12.7%), from €642,316 to €724,149
- Taxes +€29,897
up €29,897 (+216%), from €13,853 to €43,750
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,898 | €446,972 | +€110,075 | +32.7% |
| Fixed assets | 21/28 | €43,816 | €47,399 | +€3,583 | +8.2% |
| Intangible fixed assets | 21 | €32,035 | €27,376 | -€4,659 | -14.5% |
| Tangible fixed assets | 22/27 | €11,781 | €20,023 | +€8,242 | +70.0% |
| Furniture and vehicles | 24 | €11,781 | €20,023 | +€8,242 | +70.0% |
| Current assets | 29/58 | €293,082 | €399,574 | +€106,492 | +36.3% |
| Amounts receivable within one year | 40/41 | €222,533 | €307,180 | +€84,647 | +38.0% |
| Trade receivables | 40 | €217,308 | €291,883 | +€74,575 | +34.3% |
| Other amounts receivable | 41 | €5,225 | €15,297 | +€10,072 | +193% |
| Cash at bank and in hand | 54/58 | €61,546 | €85,826 | +€24,280 | +39.5% |
| Deferred charges and accrued income | 490/1 | €9,003 | €6,567 | -€2,436 | -27.1% |
| Total equity and liabilities | 10/49 | €336,898 | €446,972 | +€110,075 | +32.7% |
| Equity | 10/15 | €51,486 | €115,109 | +€63,623 | +124% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,026 | €94,649 | +€63,623 | +205% |
| Amounts payable | 17/49 | €285,412 | €331,863 | +€46,451 | +16.3% |
| Amounts payable after more than one year | 17 | €14,157 | €7,813 | -€6,345 | -44.8% |
| Financial debts | 170/4 | €14,157 | €7,813 | -€6,345 | -44.8% |
| Amounts payable within one year | 42/48 | €269,413 | €322,109 | +€52,696 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €36,181 | €41,557 | +€5,376 | +14.9% |
| Trade debts | 44 | €54,243 | €47,488 | -€6,754 | -12.5% |
| Suppliers | 440/4 | €54,243 | €47,488 | -€6,754 | -12.5% |
| Taxes, remuneration and social security | 45 | €138,989 | €183,064 | +€44,075 | +31.7% |
| Taxes | 450/3 | €48,171 | €78,076 | +€29,904 | +62.1% |
| Remuneration and social security | 454/9 | €90,818 | €104,988 | +€14,171 | +15.6% |
| Other amounts payable | 47/48 | €40,000 | €50,000 | +€10,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €1,842 | €1,942 | +€100 | +5.4% |
| Remuneration, social security and pensions | 62 | €642,316 | €724,149 | +€81,834 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,645 | €14,645 | +€9,001 | +159% |
| Other operating charges | 640/8 | €6,348 | €5,744 | -€604 | -9.5% |
| Gross operating margin | 9900 | €719,151 | €908,041 | +€188,890 | +26.3% |
| Operating profit (loss) | 9901 | €64,843 | €163,502 | +€98,660 | +152% |
| Financial income | 75/76B | €622 | €779 | +€157 | +25.2% |
| Recurring financial income | 75 | €622 | €779 | +€157 | +25.2% |
| Financial charges | 65/66B | €8,465 | €6,907 | -€1,558 | -18.4% |
| Recurring financial charges | 65 | €8,465 | €6,907 | -€1,558 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €56,999 | €157,374 | +€100,374 | +176% |
| Income taxes | 67/77 | €13,853 | €43,750 | +€29,897 | +216% |
| Profit (loss) for the period | 9904 | €43,146 | €113,623 | +€70,477 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €43,146 | €113,623 | +€70,477 | +163% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.